BSM-105 : Principles of Accounting I

Academic Level:

Undergraduate

Department:

Business Management

Subject:

Business Management

Prerequisites:

None

Corequisites:

None

Credits:

3

An introduction to the basic concepts of accounting, emphasizing the accounting cycle; principles and concepts governing the recording and reporting of accounting data; journal entries including adjusting and closing entries; trial balances; and financial statements. Accounting for assets is covered in detail. The focus of this course is on sole proprietorships. 3 credits FULFILLS FULFILLS SKILLS INTEGRATION REQUIREMENT AND LINKED REQUIREMENT WHEN OFFERED AS ACC 105L AND TAKEN WITH BSM 103L.